Stories and News of Expat Life in Buenos Aires, Argentina
Inflation in Argentina is terrible. Ever since the government allowed the peso to devalue on January 24, prices have risen dramatically. Even those who have dollars cannot keep up as the blue rate has not kept pace with inflation. Argentina is well on its way to hyperinflation. Living here, we see price increases on a … Read more
If you thought inflation in Argentina was bad, check out the price of a kilo of Freddo in Punta del Este: Yes, that’s UYU $500, but that works out to U$S 22 or $257 Argentine pesos! (And yes, this Freddo is inside the Conrad Punta del Este where everything is super expensive.) It’s pretty easy … Read more
Following up on yesterday’s wildly popular “Time To Lock Up The Cheese” comes today’s “Now We’re Locking Up The Tuna?” Inflation is killing this country. Pretty soon you’ll need to leave a deposit before you even enter the supermarket and have to go through a full body scanner on the way out. – Hat … Read more
File this one under “Only in Argentina.” Looks like with all the inflation in Buenos Aires, shredded cheese (queso rallado) has hit $70 pesos a bag and this grocery store is worried about it being stolen – bags of shredded cheese have had security tags installed on them. I’m not quite sure what’s to prevent … Read more
Argentina allowed the peso to devalue by 17% on January 23, 2014, from $6.8 to over $8.0. Immediately, many merchants started raising their prices. The government decried these tactics as unwarranted and pushed to keep prices down. But, aside from the prices of staple foods which were frozen in advance of this, prices on most … Read more
We get a lot of questions about buying real estate in Argentina, so we’re excited to bring you this overview from Elias Kier Joffe. Elias is the managing partner of one of the premier law firms in Argentina representing individuals from the U.S. and other countries in luxury, personal residential, specialty and commercial real-estate transactions. … Read more
I still have a few hundred thousand Delta Skymiles from a promotion that they ran in 2011 where you could effectively buy miles for 1.06 cents each. This has meant that low-mileage (60,000 mile) coach tickets from the US to Buenos Aires have been costing me U$S 636 and low-mileage (100,000 mile) business class tickets … Read more